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Tesla (TSLA) surges as investors get in before Battery Day announcements

Tesla’s stock (TSLA) is surging 18% over the last few days as investors are getting in just before Battery Day and the important announcements that it will bring. On Wednesday, Tesla announced a 5 for 1 stock split that sent the stock price surging.

Despite stock splits not actually changing the value of a company, they have been known to increase stock prices temporarily as people anticipate higher volume from small investors.

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